Obsidian Other Assets from 2010 to 2024

OBE Stock  USD 7.65  0.10  1.32%   
Obsidian Energy's Other Assets are increasing over the years with very volatile fluctuation. Overall, Other Assets are expected to go to about 232.8 M this year. During the period from 2010 to 2024 Obsidian Energy Other Assets annual values regression line had geometric mean of 0.00 and mean square error of 16251.4 T. View All Fundamentals
 
Other Assets  
First Reported
2010-12-31
Previous Quarter
221.8 M
Current Value
232.8 M
Quarterly Volatility
122.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Obsidian Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Obsidian main balance sheet or income statement drivers, such as Depreciation And Amortization of 214.5 M, Total Revenue of 620.6 M or Gross Profit of 174.4 M, as well as many exotic indicators such as Price To Sales Ratio of 1.83, Dividend Yield of 0.088 or PTB Ratio of 0.42. Obsidian financial statements analysis is a perfect complement when working with Obsidian Energy Valuation or Volatility modules.
  
This module can also supplement various Obsidian Energy Technical models . Check out the analysis of Obsidian Energy Correlation against competitors.
For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.

Latest Obsidian Energy's Other Assets Growth Pattern

Below is the plot of the Other Assets of Obsidian Energy over the last few years. It is Obsidian Energy's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Obsidian Energy's overall financial position and show how it may be relating to other accounts over time.
Other Assets10 Years Trend
Very volatile
   Other Assets   
       Timeline  

Obsidian Other Assets Regression Statistics

Arithmetic Mean179,347,200
Geometric Mean0.00
Coefficient Of Variation68.51
Mean Deviation109,244,800
Median232,848,000
Standard Deviation122,879,522
Sample Variance15099.4T
Range297M
R-Value0.02
Mean Square Error16251.4T
R-Squared0.0006
Significance0.93
Slope662,129
Total Sum of Squares211391.3T

Obsidian Other Assets History

2024232.8 M
2023221.8 M
2020246.4 M
201830.7 M
2017null
201616 M
2015231 M

About Obsidian Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Obsidian Energy income statement, its balance sheet, and the statement of cash flows. Obsidian Energy investors use historical funamental indicators, such as Obsidian Energy's Other Assets, to determine how well the company is positioned to perform in the future. Although Obsidian Energy investors may use each financial statement separately, they are all related. The changes in Obsidian Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Obsidian Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Obsidian Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Obsidian Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Assets221.8 M232.8 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Obsidian Energy is a strong investment it is important to analyze Obsidian Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Obsidian Energy's future performance. For an informed investment choice regarding Obsidian Stock, refer to the following important reports:
Check out the analysis of Obsidian Energy Correlation against competitors.
For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.
Note that the Obsidian Energy information on this page should be used as a complementary analysis to other Obsidian Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Obsidian Stock analysis

When running Obsidian Energy's price analysis, check to measure Obsidian Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Obsidian Energy is operating at the current time. Most of Obsidian Energy's value examination focuses on studying past and present price action to predict the probability of Obsidian Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Obsidian Energy's price. Additionally, you may evaluate how the addition of Obsidian Energy to your portfolios can decrease your overall portfolio volatility.
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Is Obsidian Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Obsidian Energy. If investors know Obsidian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Obsidian Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.58)
Earnings Share
0.78
Revenue Per Share
8.172
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0421
The market value of Obsidian Energy is measured differently than its book value, which is the value of Obsidian that is recorded on the company's balance sheet. Investors also form their own opinion of Obsidian Energy's value that differs from its market value or its book value, called intrinsic value, which is Obsidian Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Obsidian Energy's market value can be influenced by many factors that don't directly affect Obsidian Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Obsidian Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Obsidian Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Obsidian Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.